Estimating Net Cash Flow. Angela (from problem) inspects her checkbook and her credit card bills and determines that she has the following monthly expenses:
Rent |
$500 |
CableTV |
30 |
Electricity |
100 |
Water |
25 |
Telephone |
40 |
Groceries |
400 |
Car expenses |
350 |
Health insurance |
200 |
Clothing and personal items |
175 |
Recreation |
300 |
What is Angela's net cash flow?
Problem
Estimating Disposable Income. Angela earns $2,170 per month before taxes in her full-time job and $900 before taxes in her part-time job. About $650 per month is needed to pay taxes. What is Angela's disposable income?